Wednesday, May 23, 2012

The legal case between LimeWire and the RIAA has been
going on for some time now, but it wasn't until recently that the RIAA
really put a figure on the amount of damages they think they're owed by the now-defunct filesharing service—and it's a doozy.

According to documents recently filed in the U.S. District Court for the Southern District of New York, the RIAA was asking for damages
of about $72 trillion dollars, a figure that the judge in the case said
is "absurd." Judge Kimba Wood wrote in a recent decision that, "An
award based on the RIAA calculations would amount to 'more money than
the entire music industry has made since Edison's invention of the
phonograph in 1877.'"...MORE